20 OCTOBER15

News FLASH
Rupee trades higher against US dollar.
China's Q3 GDP up 6.9% y-o-y compared to forecast of 6.8%.
Most Asian currencies down, but China Q3 GDP number cuts
losses.
Sterling firmer, awaits BoE and Mark Carney's speech for cues.
Euro steadies as investors eye European Central Bank meeting.
Russian rouble lower with oil; taxes curb losses.
ECB's Nowotny says euro zone policy may need to become
expansive.

Economic calendar Oct 20

TIME
11:30am
1:30pm
3:15pm
3:30pm
6:00pm
6:00pm

CURRENCY
EUR
EUR
GBP
GBP
USD
USD

DESCRIPTION

FORECAST

PREVIOUS

German PPI m/m

-0.1%

-0.5%

Current Account

20.1B

22.6B

MPC Member McCafferty Speaks

BOE Gov Carney Speaks

Building Permits

1.16M

1.17M

Housing Starts

1.14M

1.13M

Pivot table
CURRENCIES

S1

S2

S3

R1

R2

R3

USDINR

64.8000

64.7000

64.6000

65.0000

65.1000

65.2000

EURINR

73.4000

73.3000

73.2000

73.8000

73.9000

74.0000

GBPINR

100.3000

100.2000

100.1000

101.6000

101.7000

101.8000

JPYINR

54.1000

54.0000

53.9000

54.4000

54.5000

54.6000

TECHNICAL VIEW

EURINR
EURINR on daily charts remained in downtrend and is expected to fall towards the strong support of
73.2000 is it maintains below the level of 73.4000.

DISCLAIMER

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